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Dec 5, 2012
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the obama administration and opposition republicans remain at odds over how to avert the falling off the fiscal cliff. let's take a look at currency markets. the dollar is also little change against the yen as u.s. budget talks continue. dollar/yen is in the upper 81 levels, 81.88 to 90. the euro, that is higher against the yen, 107.27 to 30 at the moment. worries are reseeding over eurozone debts. let's take a look at other markets in the apple open. kospi is trading flat on the day, 1,934. looking at australia, the benchmark index is trading higher by 1/10 of a percent, 4,508. modest moves so far this morning in the asia pacific. >>> japan and india launched a new framework to provide bilateral credit in u.s. dollars. the aim is to ease the impact of possible turmoil in the global financial markets on asia. the two countries worked out the details on tuesday. japan's prime minister and his indian counterpart had signed the currency agreement a year ago. under the framework both countries will be able to exchange up to $15 billion over the next three years. the two countries had a s
the obama administration and opposition republicans remain at odds over how to avert the falling off the fiscal cliff. let's take a look at currency markets. the dollar is also little change against the yen as u.s. budget talks continue. dollar/yen is in the upper 81 levels, 81.88 to 90. the euro, that is higher against the yen, 107.27 to 30 at the moment. worries are reseeding over eurozone debts. let's take a look at other markets in the apple open. kospi is trading flat on the day, 1,934....
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Dec 5, 2012
12/12
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both a republican and the democratic administration, he left his post in june, 2011. at his farewell ceremony president obama awarded him the presidential award of freedom. >> the highest honor. >> this is a man i have come to know and respect. a humble american patriot. a man of common sense and decency. quite simply one of our nation's finest public servants. >> rose: today the united states face as wave of foreign policy challenges, including the pressing question of how to respond to the potential use of chemical weapons by the assad government in syria, the government warned him of the consequence conditions consequences he could expect. >> i want to make it clear to assad and those under his command the world is watching, the use of chemical weapons is and would be totally unacceptable. and if you make the tragic mistake of using these weapons there will be consequences and you will be held accountable. >> rose: i am pleased to have bob gates back at this table. welcome. >> thank you, charlie. >> rose: so what are you doing since you left government? >> well, i
both a republican and the democratic administration, he left his post in june, 2011. at his farewell ceremony president obama awarded him the presidential award of freedom. >> the highest honor. >> this is a man i have come to know and respect. a humble american patriot. a man of common sense and decency. quite simply one of our nation's finest public servants. >> rose: today the united states face as wave of foreign policy challenges, including the pressing question of how to...
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Dec 5, 2012
12/12
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CNBC
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the black rock ceo said he's not seeking a job in the obama administration. fink has been rumored as a potential candidate to replace timothy geithner. he says he wishes the media would believe he doesn't want the job and plans to stay at blackwell as long as the board wants him. >>> negotiations have reached a deal to end the eight-day strike of the ports of los angeles and long beach. striking clerical workers and longshoremen who refuse to cross picket lines will be back on the job later. shippers and the union agreed to federal mediation on tuesday. the clerks have been working without a contract for two years. the strike shut down ten of the port's 14 terminals, backing up several ships waiting to off load their cargo. >>> still to come, egyptian president morsi has returned to work just a short time ago after leaving the palace during protests last night. we'll have the very latest from cairo when we come back. can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is t
the black rock ceo said he's not seeking a job in the obama administration. fink has been rumored as a potential candidate to replace timothy geithner. he says he wishes the media would believe he doesn't want the job and plans to stay at blackwell as long as the board wants him. >>> negotiations have reached a deal to end the eight-day strike of the ports of los angeles and long beach. striking clerical workers and longshoremen who refuse to cross picket lines will be back on the job...
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Dec 6, 2012
12/12
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CSPAN
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house speaker calling on the obama administration to respond to the republicans' deficit proposal. president obama is at 9:00 eastern followed by speaker boehner. >> this weekend on c-span 3's american history tv, follow harry truman's eldest grandson to japan. >> everybody has their own view what happened and i don't want to argue survival to anyone in japan about the history. we're past that. and my whole purpose for being here is to listen to the living and to do what i can. >> sunday at 9:00 p.m. eastern on c-span 3. >> the supreme court will look at what was passed in 2008 by a majority of 6-3 i believe and going to say that is precedent. and indiana had a -- >> they decided on the indiana case. it was constitutional for them to establish i.d. they did not say that all of those states -- >> correct, they talked about indiana. let me finish because you misrepresented what i said. >> no, i didn't. >> the supreme court is the law of the land. >> when i hear these accusations that black people, voter i.d. laws disproportionately affect minorities -- it says to me that we have some
house speaker calling on the obama administration to respond to the republicans' deficit proposal. president obama is at 9:00 eastern followed by speaker boehner. >> this weekend on c-span 3's american history tv, follow harry truman's eldest grandson to japan. >> everybody has their own view what happened and i don't want to argue survival to anyone in japan about the history. we're past that. and my whole purpose for being here is to listen to the living and to do what i can....
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Dec 5, 2012
12/12
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president obama warned republicans not to try linking the fiscal cliff negotiations to an increase in the federal debt ceiling early next year. timothy geithner says the administration absolutely it prepared to let the economy go over the fiscal cliff unless the republicans accept higher tax rates on the healthy. and the southern philippines struggled to recover from a typhoon that killed nearly 300 people. and what does a day in the life of public buses, trains and subways look like? the answer is part of our science roundup online. hari sreenivasan has the details. >> sreenivasan: the image resembles a lite-bright time lapse. find those pictures and our conversation with a software developer who set out to visualize the 24-hour cycle of urban public transit systems. that's on our homepage. an international telecommunications conference in dubai aims to set new rules for the internet. what's at stake? we take a look in the rundown. and on making sense, economics correspondent paul solman argues both sides of the capital gains tax debate. all that and more is on our website newshour.p
president obama warned republicans not to try linking the fiscal cliff negotiations to an increase in the federal debt ceiling early next year. timothy geithner says the administration absolutely it prepared to let the economy go over the fiscal cliff unless the republicans accept higher tax rates on the healthy. and the southern philippines struggled to recover from a typhoon that killed nearly 300 people. and what does a day in the life of public buses, trains and subways look like? the...
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Dec 5, 2012
12/12
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and i wish the obama administration would -- >> indiana and illinois. >> the key thing for business competitivene competitiveness with regard to health care, it's the slowest on record. now, you could -- >> it's the recession. >> it could be. >> the slow growth -- >> that wouldn't explain all of it. it does feel like -- of course we need more data points. >> it sharply outpaces inflation. >> not in the last two years. >> it's come down. >> not if you are somebody who is at a small company who is -- >> business is -- the most important there is the growth in the cost of health care. if this is helping to bend the cost curve -- >> if you talk to small businesses, they are looking at double digit increases. the tale of two worlds here. >> people that are 45 -- >> talk to any business person, they're adjusting and the health care industry's adjusting. >> we've got to go. >> we should have a longer conversation on this. >> yes, absolutely. >>> coming up, more data still ahead. we'll get third quarter productivity. and wow, it's incredible. are you going to be back for that? liesman will be back -- >>
and i wish the obama administration would -- >> indiana and illinois. >> the key thing for business competitivene competitiveness with regard to health care, it's the slowest on record. now, you could -- >> it's the recession. >> it could be. >> the slow growth -- >> that wouldn't explain all of it. it does feel like -- of course we need more data points. >> it sharply outpaces inflation. >> not in the last two years. >> it's come down....